KlimaDAO increased carbon offset credits by 50% in two months.

Carbon Offset Protocol KlimaDAO has now amassed over 14 million tonnes of on-chain carbon offset credits and is making a splash in the traditional carbon offsetting industry.

KlimaDAO's goal is to obtain as much carbon as possible, increase its costs and increase the benefits of offsetting operations.

At the end of November 2021, the project sponsored by Mark Cuban will add more than 5 million carbon offset tokens to the museum, bringing the total carbon offset tokens to 14.5 million according to the collection of this text. The offset was first added to Financials on January 6 in the library, as tokens in the form of Base Carbon Tonnes (BCT) of the Toucan protocol and as a new MCO2 token by Moss. KlimaDAO currently has around 17 million BCTs already available.

DAO spent $ 100 million on carbon offsets.

Most of the $ 100 million used to buy carbon offsets comes from sales that are used to make DAO funds available. Users buy a contract with discount in KLIMA, the project symbol is always available. On January 6, the DAO raised the price of the KLIMA contract to help them raise more money to buy more carbon.

DAO's quick purchase of carbon offsets caught the attention of the traditional Gold Standard carbon offsetting company. Company CEO Margaret Kim criticized the DAO in the Wall Street Journal, saying the anonymous group behind the project had created obvious problems.

"We are also concerned that manufacturers will remain anonymous, which thwarts the need to focus on climate change in general and more carbon-intensive industries."

The KlimaDAO responded to Kim's concern by telling Cointelegraph that "there is a way to seduce them without reading everything."

KlimaDAO founder Archimedes also mentioned anonymity and trust in the Jan. 10 podcast episode Planet of the Klimates.

"Do we ever get to the point where we have to expose ourselves?" Maybe at some point Klima will become so powerful that governments around the world will ask us to know who we are. . "

The team also told Cointelegraph that heritage companies like Gold Standard "may need to take a closer look at how DAOs work legally" to facilitate their career growth.

KlimaDAO said: "We have done everything possible to make this DAO a success."